Payments Counsel – Global Fintech Compliance & Licensing

raincards.xyz; Washington (District of Columbia); On-site; USD 170,000 - 230,000; Full time

Benefits offered by this job

Unlimited time off

Flexible working

Comprehensive health, dental & vision

401(k) with 4% match

Equity plan

Wellness stipend

Team summits

Job summary

Rain is seeking a Payments Counsel to join its growing Legal team in Washington, DC. You will advise on U.S. and EU payments regulations, draft commercial agreements, and partner with Compliance, Risk, Product, and Business Development to ensure regulatory alignment.

The role requires a JD with 5–8 years of relevant fintech/regulatory experience, excellent communication skills, and the ability to translate complex rules into practical business guidance. Remote options are limited.

Qualifications

• A JD from a top-level law program. Preference for US-trained lawyers, but international JDs will be considered.
• At least 5–8 years of legal experience, focused on payments, fintech, financial services regulation, or related areas.
• Strong understanding of US and EU payments regulations, including state MTLs, the Durbin Amendment, Regulation E, PSD2/PSD3, EMD2, EMI licensing, and card network rules.
• Experience advising on commercial contracts and regulatory issues for fintech or payments companies.
• Excellent written and verbal communication skills; able to translate complex regulation into clear business advice.
• A collaborative, business-oriented mindset; comfortable working across multiple teams and time zones.

Responsibilities

• Advise on U.S. and EU payments regulations, including state money transmission laws, federal banking regulations, PSD2/PSD3, EMD2, e‑money licensing, card network rules, and virtual asset frameworks.
• Partner with Compliance and Licensing teams on MTL applications, international licenses, and ongoing obligations.
• Draft card holder agreements across multiple jurisdictions.
• Draft, review, and negotiate commercial agreements with banks, payment processors, card networks, and vendors.
• Manage relationships with outside counsel on specialized regulatory or jurisdictional issues.
• Assist with responses to regulators and participate in audits, exams, and inquiries.
• Stay ahead of regulatory changes affecting payments, crypto, and fintech; help shape internal strategy and external engagement.

Skills

Regulatory compliance

Legal research

Contract negotiation

Cross-functional collaboration

Communication skills

Fintech regulatory knowledge

Education

Juris Doctor (JD) degree

Tools

Westlaw/Lexis

Contract management tools

Job description

Rain is seeking a Payments Counsel to join its growing Legal team in Washington, DC. You will advise on U.S. and EU payments regulations, draft commercial agreements, and partner with Compliance, Risk, Product, and Business Development to ensure regulatory alignment.

The role requires a JD with 5–8 years of relevant fintech/regulatory experience, excellent communication skills, and the ability to translate complex rules into practical business guidance. Remote options are limited.